BUSINESS NEWS

Tinubu Nominates Lamido Yuguda as CBN Deputy Governor

Daily Dispatch March 11, 2026

President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda for appointment as Deputy Governor of the Central Bank of Nigeria (CBN), subject to confirmation by the Senate. The nomination was made in line with Section 8(1) of the Central Bank of Nigeria Act, 2007. Yuguda’s appointment

BUSINESS

Ogun, Federal Agencies Fine-Tune Security for Gateway Airport Hajj Operations

Daily Dispatch March 9, 2026

Security agencies responsible for airport operations in Nigeria have pledged to collaborate with the Ogun State Government to ensure seamless Hajj operations at the Gateway International Airport in Iperu-Remo. The commitment was made on Monday during a strategic security meeting between representatives of the state government and key security agencies at the airport

BUSINESS NEWS

Tinubu Oversees Resolution of OPL 245 Dispute, Paves Way for Major Deepwater Investment

Daily Dispatch March 5, 2026

President Bola Tinubu has announced the successful settlement of the long-running dispute over Oil Prospecting Licence (OPL) 245 between the Federal Government of Nigeria, Eni, and Nigerian Agip Exploration Limited (NAEL). The agreement was finalised during a meeting at the Presidential Villa, Abuja, attended by Eni’s Chief Executive Officer, Claudio Descalzi; Chief

BUSINESS

First Cargo Plane From Europe to Land at Gateway International Airport Soon – Abiodun

Daily Dispatch February 27, 2026

Cargo operations are set to commence at the Gateway International Airport within the next 30 to 45 days, with the first cargo aircraft from Europe expected to land at the facility. Governor Dapo Abiodun made this known during an on-the-spot assessment of work at the Industrial Platform, Remo Free Trade Zone, located along the Sagamu–Ijebu-Ode […]

BUSINESS

Tinubu Extends Ban on Raw Shea Nut Exports to Boost Local Processing

Daily Dispatch February 25, 2026

President Bola Ahmed Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, pushing the restriction from February 26, 2026, to February 25, 2027. The move is aimed at accelerating Nigeria’s industrial growth, encouraging domestic value addition, and aligning with the administration’s Renewed Hope Agenda. By sustaining the ban, […]

BUSINESS NEWS

South-South Govs Back President Tinubu’s Executive Order On Oil Revenue Remittance

Daily Dispatch February 25, 2026

The South-South Governors Forum (SSGF) has described President Bola Tinubu’s Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account as a historic and landmark decision. The SSGF Chairman and Governor of Bayelsa State, Senator Douye Diri, in a statement on Wednesday, said the region’s governors welcomed the decision […]